Colombia (COL) and Russia (RUS) Trade | The Observatory of Economic Complexity

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Colombia-Russia Trade: In 2022, Colombia exported $89.7M to Russia. The main products that Colombia exported to Russia were Frozen Bovine Meat ($82.6M), Cut Flowers ($15.7M), and Coffee ($10.9M). Over the past 5 years the exports of Colombia to Russia have increased at an annualized rate of 48.9%, from $12.3M in 2017 to $89.7M in 2022.

In 2022, Colombia did not export any services to Russia.

Russia-Colombia Trade: In 2022, Russia exported $519M to Colombia. The main products that Russia exported to Colombia were Mixed Mineral or Chemical Fertilizers ($145M), Nitrogenous Fertilizers ($77.2M), and Hot-Rolled Iron Bars ($26.2M). Over the past 5 years the exports of Russia to Colombia have increased at an annualized rate of 52%, from $64M in 2017 to $519M in 2022.

In 2020, Russia exported services to Colombia worth $10.9M, with Transportation ($8.9M), Other business services ($1.42M), and Computer and information services ($402k) being the largest in terms of value.

Comparison: In 2022, Colombia ranked 58 in the Economic Complexity Index (ECI 0.11), and 53 in total exports ($60.3B). That same year, Russia ranked 47 in the Economic Complexity Index (ECI 0.43), and 12 in total exports ($486B).

Historical Data

Bilateral Trade by Products

Depth

HS2

HS4

HS6

Value

Trade

Growth

Growth (%)

Year

In 2022, Colombia exported $89.7M to Russia. The main products exported from Colombia to Russia were Frozen Bovine Meat ($82.6M), Cut Flowers ($15.7M), and Coffee ($10.9M). During the last 5 years the exports of Colombia to Russia have increased at an annualized rate of 48.9%, from $12.3M in 2017 to $89.7M in 2022.

In 2017, Russia exported $519M to Colombia. The main products exported from Russia to Colombia were Mixed Mineral or Chemical Fertilizers ($145M), Nitrogenous Fertilizers ($77.2M), and Hot-Rolled Iron Bars ($26.2M). During the last 22 years the exports of Russia to Colombia have increased at an annualized rate of 52%, from $64M in 1995 to $519M in 2017.

Exports from Colombia () to Russia () (2022)

Exports from Russia () to Colombia () (2022)

Latest Data

Trade between Colombia () and Russia ()

Colombia Exports

Date

Russia Exports

Date

Market Competitiveness

Color

Exports

Export Growth

Section

Year

Colombia
Top DestinationUnited States$15.6B

Russia
Top DestinationChina$101B

This map shows whether countries import more from Colombia or Russia. Each country is colored based on the difference in imports they receive from Colombia and Russia or the difference in the growth in imports.

In 2022, countries that imported more from Colombia than Russia included Panama ($5.84B), Chile ($1.63B), and Ecuador ($1.89B).

In 2022, countries that imported more from Russia than Colombia included China ($101B), India ($40.4B), and Germany ($27.7B).

Difference in imports from Russia () and Colombia () (2022)

Comparative Advantage Colombia - Russia

Flow

Section

HS2

HS4

Scale

Log

Linear

Year

This chart compares trade between Colombia and Russia by product, considering products traded by both, Colombia and Russia.

During 2022, Colombia had a large net trade with Russia in the exports of Animal Products ($86M), Vegetable Products ($37M), and Foodstuffs ($3.6M).

During 2017, Russia had a large net trade with Colombia in the exports of Chemical Products ($238M), Metals ($112M), and Machines ($27.4M).

Service Trade

Bilateral Service Trade

Rus Year

In 2020, Russia exported services to Colombia worth $10.9M, with Transportation ($8.9M), Other business services ($1.42M), and Computer and information services ($402k) being the largest in terms of value.

Service trade data is presented based on availability.

Services Exports from Russia () to Colombia () (2020)

Economic Complexity

Competitive Landscape

Year

This visualization shows the product space at the HS4 level with the flags of Colombia and Russia. This means that a dot/product with the flag of Colombia indicates it has a comparative advantage over Russia. Similarly, a dot/product with the flag of Russia indicates it has a comparative advantage over Colombia.

About

Historical Data

Bilateral Trade by Products

Exports from Colombia () to Russia () (2022)

Exports from Russia () to Colombia () (2022)

Latest Data

Trade between Colombia () and Russia ()

Colombia Exports

Russia Exports

Market Competitiveness

Difference in imports from Russia () and Colombia () (2022)

Comparative Advantage Colombia - Russia

Service Trade

Bilateral Service Trade

Services Exports from Russia () to Colombia () (2020)

Economic Complexity

Competitive Landscape

Product Space of Colombia () and Russia () (2022)

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